FinTech

Malaysia and Cambodia officially launch phase 2 of cross-border QR payment

Bank Negara Malaysia (BNM) and the National Bank of Cambodia (NBC) have on Tuesday launched phase 2 of the cross-border QR payment linkage between Malaysia and Cambodia.

TrueMoney Malaysia launches international remittance services for businesses and e-wallet users to send money overseas

TrueMoney Malaysia, part of the region-leading Ascend Money financial platform, has on Tuesday announced the launch of its international remittance (IR) services in Malaysia.

Security Bank partners with Entrust to elevate digital onboarding experience

Security Bank, a financial institution in the Philippines, has partnered with global digital security firm Entrust to enhance the bank’s electronic know your customer (eKYC) process.

Aspire secures capital markets services license from MAS

ASG2 Pte Ltd, a subsidiary of Aspire, a Singapore-headquartered finance platform, has on Thursday announced that it has secured the capital markets services license (CMS) from the Monetary Authority of Singapore (MAS).

Project Nexus partners incorporate Nexus Global Payments to run the cross-border payment scheme

Nexus Global Payments (NGP) has on Thursday announced that it has been formally incorporated as a company limited by guarantee in Singapore to operationalize and manage the Nexus scheme for enabling safe and instant cross-border payments at scale.

Endowus expands credit offerings with global alternative investment manager Man Group

Endowus, the Singapore-based wealth management platform, has partnered with the global alternative investment management firm Man Group to bring their credit offerings to clients in Hong Kong and Singapore.

Hong Kong’s ZA Bank appoints Calvin Ng as new CEO

Hong Kong digital bank ZA Bank has on Monday announced the appointment of Calvin Ng as its new Chief Executive Officer, effective from March 27.

Singapore’s Elev8 Venture Partners leads $50M funding round in smallcase

Smallcase, India’s largest model portfolios platform, has raised $50 million in its Series D funding round with a mix of primary and secondary led by Singapore's Elev8 Venture Partners.

AEON Bank partners Malaysia Esport Federation to nurture E-Sports talents among local youth

Malaysian Islamic digital bank AEON Bank (M) Berhad and electronic sports governing body Malaysia Esports Federation (MESF) have teamed up to nurture E-Sports talents among local youth.

GXBank partners MDEC to drive digitalization and financial inclusion of MSMEs in Malaysia

GXBank has signed a memorandum of understanding with the Malaysia Digital Economy Corporation (MDEC) to drive digital transformation of micro, small and medium enterprises (MSME) in Malaysia.